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Trade and Investment Deals Announced During the UK-China Summit.
£14 billion of trade and investment deals have been signed between UK and Chinese firms as the Chinese Premier Li Keqiang meets Prime Minister David Cameron during a visit to the UK.
The annual UK-China summit takes place just 6 months after the Prime Minister’s visit to China and with bilateral trade at record levels – up by 8% overall in 2013. UK exports to China have more than doubled since 2009, and are growing faster than our French and German competitors. Last year UK exports to China averaged more than £1 billion each month.
The UK is the most popular European destination for Chinese investment, benefitting from over £8 billion in 2013/14 alone, creating or safeguarding over 6,000 jobs in the UK